Prosecutors Say AOL Execs Aided Fraud

Law360, New York (January 31, 2007, 12:00 AM EST) -- Prosecutors for the United States government accused executives at America Online on Tuesday of conspiring with a now-defunct technology firm in Las Vegas to inflate the firm’s revenue using secret side deals and backdated contracts.

The trial, which has stretched on for over three months and is considered one of the longest to ever grace the federal courthouse in Alexandria, Va., is finally coming to an end this week.

In closing statements, prosecutors said that two midlevel AOL executives and a senior officer at Las Vegas-based...